Taxable Distributions on Track to Hit Record

Due to strong gains this year, particularly in foreign, small-cap and value funds, and the depletion of losses from the last bear market, some experts believe mutual funds’ taxable distributions will be the highest on record, The Wall Street Journal reports.

Last year, funds paid out $259 billion in capital gains distributions, the highest amount since 2000, and a number of large fund companies have announced that they expect their distributions to be higher this year. Those companies include Janus, American Funds, T. Rowe Price and OppenheimerFunds.